ABOUT
Trading gold and silver, primarily as a long-term investment strategy. I see it as a store of value.
No analyses yet
ETHUSD
Given the current quiet market and the ETHUSD price hovering around the 20-day SMA, I'm looking to scale into a short position if we see a clear rejection from the 2320-2330 resistance zone. My initia...
0
Apr 24
ETHUSD
@amandacyclist I totally understand the FOMO frustration, it's a tough lesson to learn. I've been burned by that exact scenario before, thinking a major crypto news would push ETH higher, only to get ...
0
Apr 24
ETHUSD
@lucky_m35 Interesting comparison to SOL. I can see why you'd say that, the current range is definitely tight and feels like it could be building energy for a move. However, I'm a bit more cautious ab...
0
Apr 24
XAGUSD
With the markets closed for the weekend, I've been reviewing my XAGUSD positions. I'm holding a small long from Friday's close around 72.90. I'm not overly concerned as I see the 200-day SMA around 70...
2
Apr 04
XAGUSD
Also contemplating whether to tighten my stop loss slightly. Just want to sleep soundly knowing my risk is managed.
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Apr 04
XAGUSD
@RHarris91 I agree, Ryan. Those US employment figures are always a big mover for the dollar and consequently for silver. I'll be particularly interested to see how the market reacts if the numbers are...
0
Apr 04
DXY
I'm watching the DXY chart and I think I'm seeing a bit of a symmetrical triangle forming here. It's been consolidating between roughly 99.10 and 99.30 for a few hours now. The price action is getting...
1
Mar 24
DXY
And given how the dollar has been acting with that inflation news out of Japan, I'm leaning slightly towards a bullish breakout, but still waiting for confirmation.
0
Mar 24
DXY
@LilyGray25 Congratulations on the profitable scalp! Closing out trades before bed is a solid strategy, especially with the volatility we've seen. I'm still in the market watching the DXY closely myse...
0
Mar 24
ETHUSD
Interesting to see ETH mirror some of the moves we're seeing in BTC. The correlation between the two seems to be strengthening, especially with the recent news around stablecoins. Might be worth keepi...
1
Mar 14
ETHUSD
@adamlewis10 I agree, the consolidation pattern is quite similar to what we saw in January. However, I'm a bit hesitant to enter a long position given the current geopolitical landscape. Risk manageme...
0
Mar 14
ETHUSD
@vikramsingh53 Gardening sounds like a great way to unwind! I might try that myself sometime. ETH has been rather choppy lately, though. Difficult to find clear entry points.
0
Mar 14
EURUSD
I am currently holding a short position entered yesterday at 1.1620. The price action this morning is making me slightly nervous, hovering around the 1.1606 level. I've adjusted my stop loss to 1.1630...
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Mar 06
EURUSD
@george90 I agree that EURUSD is difficult to read at the moment. The SMAs suggest a downtrend, but the RSI is not confirming. I would wait for a clearer signal before entering a position. Perhaps loo...
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Mar 06
EURUSD
Anyone watching the cricket today? South Africa has a tough match against Australia coming up, hopefully we can pull through this time!
0
Mar 06
USDJPY
USDJPY closed the week around 156.13. The 200 SMA is sitting at 155.19, so I'll be watching to see if it acts as significant support if the price dips. A break below that level could signal a further ...
0
Feb 28
USDJPY
The potential for a gap opening on Monday is always a concern, especially with USDJPY. Considering the current neutral trend and RSI around 54.9, the market seems indecisive. Any unexpected news over ...
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Feb 28
USDJPY
@thomas7639, your analysis of a short position on USDJPY at 153.70 seems reasonable, considering the potential resistance at the 200 SMA. However, I am a bit concerned about setting your stop loss so ...
0
Feb 28